REAL ESTATE

Sandusky, Ohio -- Youngstown, Ohio-based The Cafaro Co. said Tuesday that cosmetics retailer Ulta will open a store at its Sandusky Mall property, located in Sandusky, Ohio.

Ulta’s new 11,000-sq.-ft. store is slated to open in the fourth quarter, bringing the Pavilion section of the complex to 100% occupancy.

The 1+ million-sq.-ft. mall is anchored by Macy’s, Elder-Beerman, Sears, J.C. Penney, Target and Dick’s Sporting Goods, and features more than 90 other specialty shops. 

Dallas -- Cypress Equities said that Fit Factory Nutrition has signed a lease to occupy 1,096 sq. ft. at The Shops at Mockingbird, located in Dallas.

The vitamin retailer is a new start-up business and is slated to open its debut store in summer 2012.

Indianapolis -- Mall owner Simon Property Group said Tuesday that Saks Fifth Avenue Off 5th will anchor the company’s two new centers in development in its Premium Outlets division: Phoenix Premium Outlets and St. Louis Premium Outlets.

Phoenix Premium Outlets in Chandler, Ariz., is currently under construction with a spring 2013 opening planned. Phase 1 of the center will be comprised of 360,000 sq. ft. housing approximately 90 outlet stores featuring high-quality designer and name brands.

Plymouth Meeting, Pa. -- Fameco Real Estate announced that David Hinkle has joined the company as VP business development. 

Hinkle previously served as president and CEO of NMD, the holding company for National Book Warehouse and The Book Market, a discount book seller with 185 stores; most recently he was CEO and Co-founder of VPI Business Advisors.

 

Providence, R.I. -- Verizon said Tuesday it has officially opened its first tri-lingual FiOS retail store, where employees are ready to serve customers in English, Spanish, and Portuguese. The store is located in Providence, R.I.

“Having employees in our store who speak Spanish and Portuguese will enhance the experience for our customers," Susan Retta, VP marketing for Verizon, said.

Employees at the new Verizon FiOS store will be able to help FiOS customers with questions about their FiOS Internet, TV and voice service.

New York -- Starbucks Coffee Co. is planning to a major push into smaller cities in China, with a target of 1,500 stores in more than 70 Chinese cities by 2015, Bloomberg reported.

China will become the chain’s second largest market outside the United States, the report said. Currently, Starbucks has about 500 outlets in China and operates in 48 cities.

Miami -- Jones Lang LaSalle is enhancing the retail services it offers by adding boots on the ground in select local markets across the country, beginning with Florida. The firm will intensify its resources at the local level, leveraging its retail tenant solutions (RTS) capabilities – formerly known as Corporate Retail Solutions – to provide local market retail tenant representation services.

Pleasanton, Calif. -- Ross Stores announced that Glen Boyer, previously VP real estate market research, has been named group VP real estate market research & property management.